The value of litecoin has experienced an impressive increase of 16%, with numerous factors contributing to this upward trend. Litecoin, bitcoin’s younger sibling, has recently seen a remarkable rise in value and is currently up 16% in the past 24 hours. This surge...
After the 25 bps rate hikes announced by the Fed on March 22, the markets, including bitcoin, crypto, and stocks, reacted negatively. Fed 25 bps rate hike The Fed chair Jerome Powell, after the FOMC meeting on March 22, announced that the Fed...
Lookonchain recently looked at the performance of bitcoin (BTC) before and after the eight most recent Fed rate hikes. Bitcoin’s performance during Fed announcements The Federal Reserve will announce its interest rate decision in the coming hours. While preparing for this, Lookonchain looked...
In a series of tweets, Arthur Hayes, one of the co-founders of the BitMex exchange, discussed using swap lines’ as a possible solution for the Fed to provide liquidity to financial institutions without provoking s political controversy. Hayes claimed that it is politically...
Gemini’s co-founder, Cameron Winklevoss, has given his thoughts on the Federal Reserve’s plan to lend $300 billion to financial institutions. Winklevoss asserts that the Fed just added $300 billion reasons for adopting cryptocurrencies like bitcoin. The response from Winklevoss came after it was...
The United States Federal Reserve has announced that its own instant payment service will go live in July. Dubbed FedNow, the solution will enable instant payments on a 24/7 basis within the US. The Federal Reserve‘s financial services division has announced plans to...
Anthony Scamarucci, the founder of SkyBridge Capital, wants the United States Federal Reserve (Fed) to intervene in the aftermath of the Silicon Valley Bank’s (SVB) collapse. Anthony wants the Federal Reserve to intervene Analysts are calling for the Fed to push another investor or bank...
The Federal Reserve System stated that it intends to presumptively prohibit state banks from holding crypto-assets as principals without permission from the Fed and OCC. In an updated guide issued on the Federal Register, the Board of Governors of the Federal Reserve System said...